pmt: Returns the payment (eg. on loan) based on constant payments...

In eaoestergaard/UNPIE: UNPIE Understanding Pensions In Europe

Returns the payment (eg. on loan) based on constant payments and a constant interest rate

Description

Returns the payment (eg. on loan) based on constant payments and a constant interest rate

Usage

pmt(rate = 0.04, inflation = 0.02, nper = 35, fv = -1000)

Arguments

rate	The interest rate per period. Default is zero. Must be entered as decimal or ts
inflation	The inflation rate per period. Default is zero. Must be entered as decimal or ts
nper	The total number of payment periods. Default is one period. If rate and inflation are entered as ts nper is ignored.
fv	The future value of single payment (spending) made in the future. Default is assumed to be zero. Must be entered as a negative number

See Also

pv

Examples

pmt(rate=0.05,nper=35,fv=-1000)
pmt(rate=0.01,inflation=0,nper=10,fv=-1000)

eaoestergaard/UNPIE documentation built on Aug. 23, 2022, 2:28 a.m.